Gold led the wayGold's breaking out months ahead versus inflation was giving us clues to what might eventually happen to silver. We know now. #gold #silverby Badcharts0
XAUUSD. Weekly trading levels 20 - 24.05.2024Not much has changed on Gold. We haven’t been to the top yet, there’s no data there. If we update the historical maximum, you can find out more in the Daily Gold posts. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me! by Forex_Hoby1
GOLD - Price can bounce down from resistance area to $2340Hi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price started to grow inside rising channel, where it soon reached support level, which coincided with support area. Soon, XAU broke this level, made retest, and rose to $2285 level, making fake breakout, after which exited from channel also. Next, Gold started to trades inside flat, where it firstly fell to $2420 level, after which started to grow. In a short time, Gold rose to resistance level, which coincided with top part of flat, and tried to break this level, but failed. Now, price continued to trades near this level and I think that price can enter to resistance area and then bounce down to $2340 If this post is useful to you, you can support me with like/boost and advice in comments❤️Shortby WalterMoon1
BRENT. Weekly trading levels 20 - 24.05.2024During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me! by Forex_Hoby0
🔥Gold Trading Strategy for Next Week✅Based on the current market situation and technical analysis, the strategy for gold trend next week can be as follows: 1. Short strategy Since gold has been strong recently and closed above $2414 on Friday, it may rebound to the $2420-2430 range after the opening next week. You can try to short in this range: Opening range: $2420-2430 Stop loss position: set near $2435 , with a small stop loss point Target position: short-term target can be set in the range of $2395-2397 2. Long strategy Although the main strategy is short-selling, you can consider going long when the price falls back to the key support level: Pullback range: if the price falls below $2390 , you can consider going long in the short term Stop loss position: set near $ 2380 , with a small stop loss point Target position: short-term target can be set in the range of $ 2405-2410 3. Position management Light position opening: due to the strong market pattern, long-term shorting is recommended to be light to avoid excessive risks Gradually increase position: if the price falls as expected, You can gradually increase your position to further reduce costs 4. Market sentiment and risk control When market sentiment fluctuates greatly, you need to stay calm and not let short-term fluctuations affect your decision-making Important economic data to be released next week (such as inflation and employment data in the United States) may have a significant impact on the trend of gold. If these data support the market's expectations of a Fed rate cut, gold may continue to rise. On the contrary, if the data exceeds expectations and suggests a strong economy, it may put pressure on gold and cause its price to fall back. In summary, the short-term operation strategy for gold next week should be mainly short on rebound, supplemented by long on pullback, and adjusted according to market sentiment and key data.by MasterGoldTrader0
NATGAS The Target Is DOWN! SELL! My dear friends, Please, find my technical outlook for NATGAS below: The instrument tests an important psychological level 2.638 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.455 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals111
The increase in gold prices, despite expectations for a decreaseDespite expectations for a drop in gold prices, the yellow metal will rise By examining the trend in the four-hour time frame, global gold has broken the resistance range of 2366-2350 upwards, and now this scenario is likely that gold will increase in price until the resistance range of the ceiling of the second ascending channel in the range of 2451-2473Longby arongroups1
USOIL Buyers In Panic! SELL! My dear subscribers, My technical analysis for USOIL is below: The price is coiling around a solid key level - 79.46 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 79.05 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Shortby AnabelSignals111
GOLD: Bearish Forecast & Bearish Scenario The analysis of the GOLD chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals1
Can't miss Gold analysis and trading strategies next week!Gold message surface analysis: On Friday (May 17), the ICE Dollar index rose 0.15% late Friday to 104.642. Gold rose 1.09 percent to $2,408.09 an ounce. On a seasonally adjusted basis, the U.S. Consumer price Index (CPI) rose 3.4% in April from 3.50% in March, in line with expectations, according to a report released by the Bureau of Labor Statistics on Wednesday. Us CPI rose 0.3% month-on-month in April, below expectations of 0.40%, and 0.40% month-on-month in March. It was the first fall in CPI growth in six months. What these inflation numbers do for the Fed is that it lays the first groundwork for them to cut interest rates later this year. The consumer price index data "could be an early sign that inflation will cool over time and the Fed will cut interest rates for the first time." Gold trend analysis: The golden day line, April 12 in the record high of 2431 fell back, and finally in the 2277 line to gain support began to strengthen, this Friday the market successfully stood on the 2400 mark, and broke the April 19 high of 2417 US dollars, the next resistance is the historical high of 2431 US dollars, the current point of view should be no pressure. Four-hour line, gold in the 2277 line to get support after the opening of the upward trend of the shock, each time after the strong pull up will be corrected and then high again, Friday's end rose to near 2422, the current Bollinger belt opening to run upward, gold prices running near the upper track, KDJ gold fork behind the upward divergence, MACD gold fork after the upward divergence operation, The volume of red energy column, the overall trend is still strong. In summary, after hitting a record high on April 12, gold continued to fall back to adjust and finally get support near 2277 to open a volatile upward trend, on Friday has stood at the 2400 mark and broke through the high of $2417 on April 19, is expected to continue to rise again to challenge a new historical high. In summary, gold next week on the short-term operation ideas suggested to callback to do more, rebound short as a supplement, above the short-term focus on 2430-2435 a line of resistance, short-term focus on 2400-2395 a line of support. Medium and long line layout plan: Gold rose close to the all-time high 2431 is not far, I think this is a very good opportunity, we can start to lay out 80-100 points of the midline plan, because the last wave touched 2431, and then back to 2277, there are nearly 154 points of space, whether this will repeat the mistake, we can wait and see, at least there is this opportunity; Midline empty unilateral, gold has now touched 2422 line, previously talked about 2400 May feel far away, now no one will not believe it, back to 2390-2400, again to the historical high 2431 or above 2460 impact, the midline has more than 50 points of space worth looking forward to; Gold has now run to this point, and indeed there are opportunities for both long and short; Next week we will start the layout, the individual is more inclined to quickly peak after a large pullback, so wait for a new record high.by Sherry-Mk0
Gold Swing Setup Trade 18/May/24XAUUSD is on its final leg of leading diagonal pattern in wave (A)(Green). Waiting for confirmation in next idea for confirmed stop lost level before shorting. by SteveTan1
Gold bigger pics. 18/May/24XAUUSD probably is forming an expanding flat pattern ABC (yellow circled) on wave IV ( blue) of an ending diagonal pattern in wave (c)(Red)by SteveTan1
Incoming 40% correction on Gold / Silver ratioThe above 12 day chart a 40% increase on the Gold / Silver ratio since early 2021 within a rising channel is shown. A number of reasons now exist to suggest a strong reversal in that trend with an equal 40% correction. They include: 1) Hidden bearish divergence. This occurs as oscillators print higher highs with lower lows in price action. (Black arrows). 2) A rising channel breakout. The breakout in the Gold / Silver ratio is clear to see with a flag extension measuring a further 40% correction. The correction area is by no means the end of the correction. Look left. 3) It is not the first time a hidden bearish divergence has printed on the Gold / Silver ratio. The last flag breakout occurred in October 2010. Price action on Gold saw a 40% correction in the months that followed. Ask yourself, is the current Gold euphoria indicative of a new bull market or the contrarian call for the top? Wwby without_worries110
XAUUSD ANALYSIS FOR MONDAYour last prediction for gold xauusd was perfect as we stated once it breached the 2397 it touched both 23408 and 23420 targets. next week we find a strong rejection in 2419-2422 area if the target is breached the gold will fly to next resistance of 2434 and 2445 . and if rejected from 2419 we can find a down fall to 2376 by following supports in 2397 and 2382. BULLISH TARGETS : 2397 ✔️✔️✔️ 2408 ✔️✔️✔️ 2420 ✔️✔️✔️ NEW BULISH TARGETS : 2434 2445 BEARISH TARGETS : 2397 2388 2382 2376 #XAUUSD #SINGNAL #FOREX #ANALYSIS #CHART #MARKET #TRADE #TECHNICAL #CANDLESTICK #GOLDby realmillionairefx112
XAGUSD. Weekly trading levels 13 - 17.05.2024We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern. Don’t forget to like Rocket, Comments and Subscribe!!!by Forex_HobyUpdated 7
The btcusd weekly on the CMEWeekly session just closed which erases the last four weeks of declines and uncertainties, the candle is larger and also seems to express decision. I think it is normal to see movements of this type after quite significant bearish pressure, it is not a clear signal that the correction is over, but we can see it as a beginning or at least an important rebound. The minimum at 56.5k USD therefore becomes the level where the margins of those who have gone long in recent weeks are placed. If I analyze the futures, it is necessary to think in these terms. On derivatives there is a technique of the large managers called "stop hunting loss or margin call", means that once the level in which the liquidations are concentrated has been identified, the price will go there and then resume the previous run or direction, after all, here we are dealing with brokers who trade against you , so for every user who gains, they lose. The CME is different but not so much, it is taking shares of open interest, as can be seen below, taking advantage of the moment in which others flee from the exchanges, maybe things are correlated or maybe not. It remains strange that once the institutions entered, the battles to regulate this and that began. Those who have known Bitcoin and cryptocurrencies for a while know well that they were created to improve old methods, but here we are witnessing a fusion between old and new, so the price movements we are seeing have become much more technical, yes says that the market has achieved more efficiency than in the past, perhaps, what has not changed and will never change is the method for taking money from all participants. by Melupira890
USOILSPOT USOIL | WTI Light Sweet Crude Oil Future SPOT 1HUSOILSPOT USOIL | WTI Light Sweet Crude Oil Future SPOT lONG EVERYTHING IN THE CHARTLongby ashkar.stars51
Gold is firmly at a high level, and the international situation The recent trend can be said to be a small unilateral rise. After this week's daily trend correction, it will quickly make up for it the next day. The energy of the bulls is very strong, and its trend is also very rhythmic! Also on Friday, the price of gold rose close to $50, which also proves the strength of the bulls from another perspective! The gold price is currently close to the previous historical high of 2431, and the one-hour trend does not show any sign of a sharp decline. This means that gold will once again hit the 2431 mark. Regarding the current trend, what we need to do next Monday is , find a good point in advance to ambush long orders, waiting for gold to violently rise again! From a technical perspective, the current daily level is close to the high of 2431. If it breaks through successfully, five daily waves will be formed, the space above will be opened, and the magnitude of the increase will be equivalent to that of three waves! The conclusion drawn by the wave theory will be an increase of nearly 300 US dollars! That’s another big piece of meat for the market! Whoever is more organized will get the meat! Whoever is braver will get more meat! Those who are timid and cowardly will only be reduced to so-called stepping stones! For next week's layout, we mainly refer to the previous peak conversion level of 2397, and retreat to the 2397-2340 area to boldly go long. If the gold price returns to the moving average support near 2389, we can still go long. specific strategies Gold will be over 2397 next Monday, stop loss 2387, target 2431 If you like my analysis, please leave a comment below and I wish you all a happy weekendLongby Yuliya10Updated 11
GOLD - Buy after this pullback!Gold is extremely bullish and is expected to double its value in the next few years. We want to take advantage of this bull market and implement long-only strategies on futures. Right now, GOLD is breaking out of the descending channel, but I want to see a retest of it. The price broke out of this channel but created a fair value GAP. These GAPs tend to be filled sooner or later, so do not FOMO in and wait for a proper retest. Then we can open a leveraged trade with a high probability of success and a high risk-to-reward ratio. From the Elliott Wave perspective, we have finished the WXYXZ corrective pattern, which is also great to see! We are starting a brand new impulse wave to the upside, so prepare your limit orders. It's time to buy gold again. The next significant resistance is the previous ATH. I do not really see anything special that is worth mentioning. Take only the best opportunities with a high success rate. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. Longby XanroxUpdated 1616103
Gold continues to increase pricesHello everyone, let's take a look at today's gold prices! Currently, gold is trading above the psychological level of $2400 and is hovering around $2414. As expected by the market, gold has continued to rise in recent times. The $2400 level will be a crucial support for the next upward moves, and the EMA 34, 89 indicators are still providing positive signals for traders looking to buy!Longby Aoi_FXUpdated 1313183
Gold might just be the safe havenPEPPERSTONE:XAUUSD In the daily timeframe, market took out BSL and failed to body close above. Moving into the 4H timeframe, to support the idea of a failure to break higher, we can see that market closed as a Doji(market indecision) . Dropping into the 5M timeframe, we can see 1. Sharp Turn(ST) strategy 2. Bullish rejection candle(respected) 3. FVG inversion . I believe this would be a strong enough evidence for market to retrace lower before another move higher. Potential Scenario: 1. 15M timeframe, market will disregard a analysis and immediately shoot higher for ATH. 2. Market will commence a retrace towards the recent 4H FVG to fuel a move higher to create a new ATH. 3. Market will commence a retrace towards the recent Daily FVG to tap the low probability daily OB to fuel a move higher to create a new ATH. Also to fill the 4H volume imbalance in between.by AVCDTraderUpdated 7
XUA===USD-----Bullish Market structure Uptrend 1.There is Bullish Engulfing candle on Fib 0.5 Level 2.After Taking Retracement There is Higher high and higher low In H1 3.There is no Break of structure found in lower time Frame 4.Trend is supporting 20EMA 5.There is Bullish Divergence in Momentum 6.There is Break of RSI Trend line 7.There is Retracement done on RS1 8.MACD line Near to Cross the signal line Longby ali11002Updated 554
XAUUSD. Weekly trading levels 13 - 17.05.2024We continue the experiment with a wider range of zones. Let's see if we can guess the places to search for deals for the week ahead. Last week is HERE or in the related ideas at the bottom of the post. During the week you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. The next morning I adjust the levels based on the new data and publish a new post. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- Levels are drawn based on volumes and data from CME. Used as areas of interest for trade. When approaching a level, a “reaction” is expected, which can be traded for both a rebound and a breakout. The worst option is if we revolve around the level in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to enter into a continuation of the movement. Until the price has drawn a reversal pattern. Don’t forget to like Rocket, Comments and Subscribe!!!by Forex_HobyUpdated 16